Platinum Futures Bearish Momentum With A 5% Slide In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.08% for the last 10 sessions. At 20:53 EST on Sunday, 7 May, Platinum (PL) is $1,067.60.

Volume

Today’s last reported volume for Platinum is 534, 99.99% below its average volume of 10725619910.28.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.79%, a positive 0.88%, and a positive 1.55%, respectively.

Platinum’s highest amplitude of average volatility was 1.48% (last week), 1.59% (last month), and 1.55% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be overbought (>=80).

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